Name: Recitation Number: Discussion Prep Two: The Price of Green ConsumerismThis exercise is adapted from pg. 45 of your text book. Discussion Prep 2 is due in your recitation the week of September 12th. DirectionsGo to your local supermarket or grocery store and pick out four or five different types of products. These may be food items, cleaners, paper products, etc. Write the prices the table below. Next, find a “green” alternative to each of these products. This may be an “organically” grown fruit or vegetable, a “free range” meat item, “locally grown” produce, “green” or “eco-friendly” products, or products made from “recycled” or “recovered materials.” Write the prices of these “green alternatives” below as well. For each item, calculate the price difference (per unit where appropriate) between the “green” items and the conventional ones. Finally, calculate the percent increase in the cost (difference in cost/conventionalproduct price)*100).ConventionalProduct NameConventional Product Price“Greenalternative”product name“Greenalternative”product priceDifference incostPercentincrease (ordecrease) incost1) 2) 3) 4) 5) Questions21) If you bought all these “green alternatives” instead of the conventional products, what would be your average percentage increase in cost? 2) The average American family spends $8,500 a year on groceries. Assuming that the percentage increase you wrote in question one is typical, and assuming that all conventional groceries have “green alternatives,” how much more would the average American family have to spend on groceries each year if they only bought “green alternatives”? 3) What is the perceived benefit from attached to this extra cost? 4) Why are “green alternatives” more expensive to produce? 5) Where does the extra money that is spent on each product go? How would you know? Where could you go to find
View Full Document
Unlocking...